RAK Investment Authority Free Zone Business Setup

Ras Al Khaimah is one of the top strategic locations in UAE. What makes it more favorable for commercial activities is the smooth and simple procedures as well as the several facilities it offers. It is often called the industrial hub of UAE.

RAK Investment Authority Free Zone Business Setup advantages and key features:

There are several reasons to invest in Ras Al Khaimah. Below are the major benefits and key features-

• It is free from corporate and individual taxes.
• It is free from custom duties on import and export.
• It allows complete ownership.
• It allows complete repatriation of capital and profits.
• It is free from all the foreign exchange controls and barriers on trade.
• It supports hassle-free and smooth procedures.
• It is free from all the exemptions on taxes related to commercial fees on import and export.
• It has a business growing and friendly environment.

Types of business units:

There are three types of business units under RAK investment authority. They are-

a. Free Zone in RAK.
b. Mainland Company in RAK.
c. Offshore Company in RAK.

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FAQs

• Industrial License
• Professional License
• Commercial License
I. LLC
II. Public Shareholding Company
III. Free Zone Company
IV. Private Shareholding Company
V. Free Zone Establishment and more.

Business Setup HQ is a consultation firm that helps setup businesses in UAE. From small scale businesses to large, we aim to provide full support as a consultancy firm. If you are willing to setup a business anywhere in UAE, feel free to contact us.

RAK Investment Authority Free Zone Business Setup